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Taxpayer Risks with the Loan Guarantee Program

April 07, 2011 > Updated: August 28, 2012 | Energy , Natural Resources

Taxpayer Risks with the Loan Guarantee Program The Department of Energy (DOE) loan guarantee program carries extremely high taxpayer risk, potentially jeopardizing billions of taxpayer dollars if energy project loans default.... Read More

Oil Shale: Failing Taxpayers for Decades

December 19, 2012 | Energy , Natural Resources

Since the early 20th century, the federal government and private industry have attempted to commercialize oil shale but after years of... Read More

Golden Fleece Awarded to Risk Management Agency for Risking Taxpayer Dollars

December 13, 2012 | Agriculture

Golden Fleece Awarded to Risk Management Agency for Risking Taxpayer Dollars Taxpayers for Common Sense awarded the Golden Fleece to the U.S. Department of Agriculture’s Risk Management Agency for wasting taxpayer funds on risk management education for crops ranging from Christmas trees to turf grass.... Read More

Subsidizing Oil Shale: Tracing Federal Support for Oil Shale Development in the United States

November 29, 2012 | Energy , Natural Resources

Subsidizing Oil Shale: Tracing Federal Support for Oil Shale Development in the United States With fiscal cliff looming, TCS calls for end to government handouts for failed oil shale experiments.... Read More

Loan Guarantee Program 101

October 16, 2012 | Budget & Tax , Energy , Natural Resources

Loan Guarantee Program 101 A basic primer on the Department of Energy (DOE) Loan Guarantee Program and answers general questions on the history, administration, and overall effect of the program.... Read More

Farm Bill 101

October 02, 2012 | Agriculture , Budget & Tax

Farm Bill 101 The Farm Bill is a massive piece of legislation that guides food and farm policy. It covers wide-ranging topics from rural broadband service to farm subsidy payments.... Read More

Agricultural Safety Net 101

October 02, 2012 | Agriculture

The agricultural safety net refers to the various federal programs and policies that insulate agricultural producers from the costs of conducting business.... Read More

Analysis of FY13 Continuing Resolution: Special Carve-outs

September 10, 2012 | Energy , National Security

H.J. Res. 117 — Continuing Appropriations Resolution, 2013 was released this morning (9/11/2012). TCS staff will be posting relevant documents and analysis as we digest this proposal over the coming days.... Read More

DOE Loan Guarantees: Overview, Risks, and More

September 03, 2012 | Energy

Created in Title 17 of the 2005 Energy Policy Act, the Department of Energy (DOE) Loan Guarantee Program has received increased scrutiny with the default of a loan guarantee to the solar start-up company, Solyndra.... Read More

Record Drought Results in Record Profit

August 30, 2012 | Agriculture

Special interests are always looking for a silver lining. This year, it’s the farm lobby and sympathetic politicians shamelessly taking... Read More

Department of Energy Loan Guarantees: $8 Billion Allocated for Fossil Fuel Projects

August 02, 2012 | Energy

While the program was intended for emerging energy technologies, mature industries like coal and nuclear are eligible as well. Congress provided the program with funding in several areas including advanced nuclear reactors, renewable and energy efficiency, front-end nuclear fuel cycle technology, and advanced fossil fuels.... Read More

With Agriculture Disaster Aid Congress Pays Now, Hopes to Save Later

August 01, 2012 | Agriculture

Citing record drought conditions throughout the country, the House is debating today legislation to retroactively extend four... Read More

Green Scissors 2012

June 26, 2012 | Agriculture , Energy

Green Scissors 2012 Left-Right coalition identifies practical steps Congress could take to slash deficits, save natural resources.... Read More

Federal-Free Risk Management in Agriculture

June 18, 2012 | Agriculture

Like all businesses, agricultural producers face a number of risks in maintaining a profitable enterprise. Successful management of these... Read More

Government Report Reinforces Need to Harvest Savings in Crop Insurance

April 11, 2012 | Agriculture

The Government Accountability Office (GAO) today released a report detailing the potential to save more than a billion dollars a year... Read More

Crop Insurance: A Federal Cash Assurance Program

February 09, 2012 | Agriculture

Federal crop insurance is a highly taxpayer subsidized program that allows agricultural producers to shift their business risk onto... Read More

DOE Renewable and Energy Efficiency Loan Guarantees

December 05, 2011 | Energy

The Department of Energy loan guarantee program that backed Solyndra, a solar panel manufacturer which went bankrupt on August 31, 2011... Read More

Taxpayer-Backed Loan Guarantees for Liquid Coal: Medicine Bow, Wyoming

December 01, 2011 | Energy

Taxpayer-Backed Loan Guarantees for Liquid Coal: Medicine Bow, Wyoming The Medicine Bow plant has been repeatedly delayed over eight years. Putting the full faith and credit of the U.S. government behind this costly and risky project is fiscally reckless. ... Read More

Department of Energy Loan Guarantee Program: Uranium Enrichment

October 23, 2011 | Energy

The Department of Energy (DOE) Loan Guarantee Program was created in the Energy Policy Act of 2005 to provide Treasury backed loan... Read More

Department of Energy Loan Guarantee Program: Update on Loan Guarantee Applicants

October 04, 2011 | Energy

Passed as part of the Energy Policy Act of 2005, the Department of Energy’s (DOE) Title XVII Loan Guarantee Program has $34 billion in... Read More

Department of Energy: Loan Guarantee Program Overview

September 19, 2011 | Energy

Created in Title 17 of the 2005 Energy Policy Act, the Department of Energy (DOE) Loan Guarantee Program has received increased scrutiny with the default of a loan guarantee to the solar start-up company, Solyndra.... Read More

Super Cuts for the Super Committee

Taxpayers for Common Sense has been working hard to meet the challenge of that the so-called Super Committee is facing - $.12-1.5... Read More

Report Highlights Significant Savings in Essential Air Service Program

September 12, 2011 | Transportation & Infrastructure

Taxpayers for Common Sense is pleased to join National Resources Defense Council, Reason Foundation, and the American Bus Assocation in a... Read More

Comparing Proposals for a National Infrastructure Bank

September 07, 2011 | Transportation & Infrastructure

With extension of the nation's surface transportation program currently being debated in the halls of Congress, policymakers are... Read More

Essentially Wasteful: The Essential Air Service

Congress has split town leaving an important deal unfinished. Yes, the debt ceiling got raised, but there’s another important piece of... Read More

Another Report Points to Taxpayers Losing Billions On Risky DOE Loan Guarantees

August 02, 2011 | Energy

The Congressional Budget Office (CBO) recently released a report on federal loan guarantees for nuclear power plants, which seriously... Read More

$14 Trillion U.S. Debt Leaves No Room for Treasury-Backed Loan Guarantees for Energy Projects

May 31, 2011 | Energy

WASHINGTON, D.C.///June 1, 2011///With Congress poised to move forward on more taxpayer-backed loan guarantees for nuclear, wind, solar,... Read More

Ongoing TCS Analysis of the FY2012 Budget Proposal

March 10, 2011 |

The FY2012 Presidential Budget Request was released this morning. TCS staff will be posting relevant documents and analysis as we digest... Read More

Common Sense Cuts—$900 billion in savings over 10 years

The time has come for Congress to begin a serious discussion about how it is going to correct the current budgetary path into deeper and... Read More

TCS Recommended Budget Cuts for the 112th Congress

The time has come for Congress to begin a serious discussion about how it is going to correct the current budgetary path into deeper and... Read More

Solar Development Train Leaving the Station, Without Congress

October 20, 2010 | Energy , Natural Resources

Congress’ failure to make any progress on energy policy this session is costing taxpayers.... Read More

Green Scissors 2010

Taxpayers for Common Sense joined a number of environmental and consumer groups and a bipartisan slate of Representatives today in... Read More

Taxpayer Victory—Senate Strips Energy Loan Guarantees from Emergency Spending Bill

July 22, 2010 | Energy

Late yesterday the Senate rejected the House passed Emergency Supplemental Appropriations Bill, which included $18 billion in new loan... Read More

New Report Finds DOE Loan Guarantee Program Riddled with Problems

July 11, 2010 | Energy

 The Government Accountability Office released a new report today, finding that the Department of Energy’s (DOE) Loan Guarantee Program... Read More

Another Loan Guarantee Putting Taxpayer Dollars at Risk

July 08, 2010 | Energy

On Wednesday, AREVA, a French nuclear power conglomerate, accepted a Department of Energy conditional loan guarantee of $2 billion for... Read More

Federal Loan Guarantees for Nuclear Reactors: Details of the Current Applicants

June 21, 2010 | Energy

On February 16, 2010, the Department of Energy offered the first conditional nuclear loan guarantee of $8.3 billion to Southern Company... Read More

Senate Climate Bill Loads up Taxpayer Giveaways

May 11, 2010 | Energy

Today Senators John Kerry (D-MA) and Joe Lieberman (I-CT) will release their long awaited climate legislation, the American Power Act.... Read More

Energy Department Wants $9 Billion More in Taxpayer-Backed Nuclear Loan Guarantees

April 28, 2010 | Energy

Yesterday at a Senate Energy and Water Appropriations Subcommittee hearing, Energy Secretary Chu said an additional $9 BILLION in... Read More

Risky Business on Wall Street

September 16, 2008 | Budget & Tax

This morning the federal government (which means you the American taxpayer) became the not-so-proud owner of American International Group... Read More

House Amps Up Energy Loan Guarantees

July 01, 2008 | Energy

The Energy Policy Act of 2005 established the Department of Energy (DOE) Loan Guarantee Program to grant loan guarantees for innovative... Read More

Banking on the Future

Investing in Smart Water Strategies for Pennsylvania and the Nation... Read More

From the Ashes

December 31, 2000 | Natural Resources

Reducing the Harmful Effects and Rising Costs of Western Wildfires... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

February 15, 2013

Engineering Boondoggles

While Washington is wringing its hands about the automatic across-the-board budget cuts known as... Read More